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9. A liability for compensated abse ability for compensated absences such as vacations, for which...

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Accounting

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9. A liability for compensated abse ability for compensated absences such as vacations, for which it is expected that employees will be paid, should 1) be accrued during the period when the compensated time is expected to be used by employees. be accrued during the period following vesting. C) be accrued during the period when earned. D) not be accrued unless a written contractual obligation exists. 10. The accounting problem in a lump sum issuance is the allocation of proceeds between the classes of securities. An acceptable method of allocation is A) the pro forma method. B) the proportional method. C) the incremental method. D) either the proportional method or the incremental method. B) 11. The declaration and issuance of a stock dividend larger than 25% of the shares previously outstanding A) increases common stock outstanding and increases total stockholders' equity. decreases retained earnings but does not change total stockholders' equity. may increase or decrease paid-in capital in excess of but does not change total stockholders' equity. D) increases retained earnings and increases total stockholders' equity. C)

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